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FOX Business
Dec 2, 2013 10:00pm EST
a look at the global hotspots ignored by the obama administration and the national media. relution breaking out entirely. but what does the dtor and say? what does mr. obama say? and the president trying to keep congress from passing new sanctions against ran. we will be joined by ralph peters in k.t. mcfarland with the analysis. we will await results from cybermonday. jen rogers joins us to tell us what it means for the to be american economy and the global onomy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on withtÑ lou: our first guest is here to serve at least partly as a tutor for you will end me. he says that obamacare is the biggest middle-class entitlement ever conceived and he says beyond the flawed website, we need to stay focused on the fact that health care law spends too much on the wrong people. joining us tonight is tom scully. he is the former leader for medicare and medicaid servic
FOX Business
Dec 7, 2013 4:00am EST
vernacular hacks me off. the obama administration announcing today that it will allow three energy companies to kill or injure bald and golden eagles for up to 30 years without penalty. it is called taking in the law. the change was requested by the wind energy industry whose wind farms are responsible for killing lots of thousands of birds every year, including, unfortunately, many of these eagles. and it is -- anyway, it is a terrible thing. turning now to our failing correctional system, our next guest to is here, i think, two weeksgo when we for started talking to about a system of justice that is mocking the very idea of just in proportion of punishment. your ctent -- here to continue our conversation about what has happened to the fundamental credo of lethe punishment fit the crime is a professor of criminal law at the new york law school and the author of the important book, the death the punishment. good to have you back with us. >> thank you. lou: you have spent how many hours, days. i mean, it is incredible. and to see that some of the facilities that are available to our prisoners
FOX Business
Dec 6, 2013 7:00pm EST
and more straight ahead. ♪ lou: another obama cover-up. new e-mails reveal the obama administration knew about a major flaw in the obamacare small business exchange. former romney health care adviser on this latest obamacare outrage or oversight. next. ♪ as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with azing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! where does the uted states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's g
FOX Business
Dec 8, 2013 9:00am EST
just the obama administration's fault. it's the bush administration's fault. the cheap dollar policy creates financial bubbles. who can take advantage of financial bubble? the rich. the poor always have to sell out at the bottom. number one. number two, the regulatory creep that occurred under bush and has accelerated under obama has made it very difficult to expnd in areas where you typically find high wage blue collar jobs, in transportation, energy extraction and so on. i hope rick will be pleased to hear that i'm not blaming this entirely on president obama. >> well, on theother hand, mike, president obama's solution to all this and they're saying it in europe, the imf is saying it, is to have this global wealth tax, to tax the rich more, to bring the rich down, that will help income disparity. what do you think of that plan? >> as we've seen under president obama, david, the exact opposite happens. one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income.
FOX Business
Dec 3, 2013 10:00pm EST
the obamacare website. but the reality is, the website still is not working as it should. the obama administration still will not tell us how many people have successfully rolled and purchased obamacare insurance. we will have considerably more comment on those circumstances here tonight. i'm "lou dobbs tonight". ♪ good evening. the president today defiantly declared that obamacare is here to stay. regardless of the failures during a sometimes rambling and at times contradictory speech that included shots of republicans who were opposing obamacare. >> we have learned not to make wild promises about how perfectly smooth it is going to be an all times. do not let the initial problems with the website discourage you. we are going to keep on working to fix whatever problems, the mahler ever comes up we will fi and the reader never peeling as long as i'm president. the statements -- lou: the statements come after announcing that the administration had met their own self-imposed deadline of november 30th to have the website problems fixed. fox news chief white house correspondent ed hen
FOX Business
Dec 6, 2013 10:00pm EST
cover-up. new e-mails reveal the obama administration knew about a major flaw in the obamacare small business exchange. former romney health care adviser on this latest obamacare outrage or oversight. next. next. hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ lou: obama administration officialreport more progress with healthcare.gov. they now say that the site fails just about 10 percent of the time. back in octor that failure rate was 25%. government officials also say over three and a half million consumers visited the site from midnight sunday antonin today, but the obama administration still will not tell us what the november enrollment numbers are or how many people actually have insurance. insurers are still complaining that the healthcare applications that they do receive are riddled with errors. and the house energy and commer
FOX Business
Dec 7, 2013 12:00am EST
. the obama administration spin years telling us to drive less and the tower suvs for hybrids, and we actually did it. well, not me, but other people did. now we might be getting punished thanks to a proposed tax that could raise gas prices and fill federal coffers. it is a case of the government on wild? absolutely phil flynn. my favorite economist, peter more recede. thanks to all of you for joining us. you know, so this is really driving me crazy. if you look at the stats crude oil production up 17% year-over-year. fracking like crazy. for the first time in nearly two decades we're producing more oil than we have imported. americans are driving almost 100 billion fewer miles. we have super high gas prices. we produced all of this oil and stopped dring. so prices went down. what is our report? the government will make up the difference with the tax. i can't believe it. are you as hysterical as i am? >> i am. i have a constructive suggestion we always get our tax to use the roads. we use the gas tax. back in the old days all the stars at 50 miles to the gallon. if we will tax accordi
FOX Business
Dec 2, 2013 8:00pm EST
. >> that is the perverse part of this, this is a public relations game, obama administration has done this astutely equating j.p. morgan as the culprit for the financial crisis in this case, bank of america. neil: done the same institutions have a lot of other -- the source of this, liabilities. >> bank of america, clearly, was asked by federal government, prodded to buy countrywide, countrywide. neil: the source of subprime. >> here is why country wide sold them, they were prodded by the federal government to do so including fannie and freddie. neil: critics of those en institutions saying they knew well they were inheriting those liabilities? >> no, you can never tell how much. i don't think that jamie dimon or ken lewis who was the ceo of bank of america, right now it is moynihan 9. neil: they hate you about which one. neil: both, lewis and main moynihan. >> i get along with them. full disclosure -- i don't think they have any idea they would be walking into a firestorm of fat cat, name-calling antibank sentiment that has become the obama administration, if you, 88 jamie dimon with
FOX Business
Dec 3, 2013 3:00pm EST
controversial. there is breaking news, wall street journal reporting the obama administration raising concerns with south korea about their plans to let the chinese telecom giant develop south korea's wireless network u.s. officials according to the journal are fighting a risk that while the equipment could be used for spying on communications among the allies this obviously plays into the news we had from earlier today, under fire in recent years by some members of congress, have been increasingly concerned about who owns access to private information. in 2012 house intelligence chairman michael rogers, republican from michigan said we have to be certain chinese telecommunications companies working in the united states can be trusted with access to our critical infrastructure. fast forward to this month and what seems to be his second interview ever with the foreign press the ceo rendered that the chinese telecom giant plans to get out of the u.s. market. according to the chinese transcript that i looked at he told reporters if they get in the middle of u.s./china relations is not worth it. h
FOX Business
Dec 4, 2013 11:00pm EST
. they made a lot of harry potter movies. >> we're4 because of obama administration, highest corporate tax that is a killer. >> other country showcase rate. neil: why are we 14. >> i don't know if i can. neil: you better. >> what is surprising i would never take issue with forbing magazine, but thesere country that have socialized medicine provide everyone at birth, every one of those country health care is a right not a privilege. >> what are they doing right? >> they are letting business do business. >> and government getting out of the way. >> no government is taking responsibility, they are take -- >> 7 of those have a lot of benefits that we're fighting for here that could ease burden on company. >> no, i think that government is -- anvil around the necks of these businesses. neil: by the way with health care you would think that be the draw to at least take us out of the top 20, maybe to top 10. >> we have not gone where they are. >> it has already been a job killer. >> none of these country have an obamacare health care system. neil: we are 14. >> they have single -- t getting t
FOX Business
Dec 4, 2013 10:00pm EST
agreement. russia urging stability and order, while the obama administration is not getting involved at all. apparently because of fears provoking a fracture with vladimir putin. vice president joe biden making no direct comments after meeting with the chinese leaders in beijing overthe air zone dispute in the south china sea. the vice president called for trust calls for an operation. here we have the administration's response with what is contied rising sanctions. we have vice chief of staff, military analyst general jack keane. >> thank you for having me as beyond the platitudes falling from the vice president lives are hardly reassuring. and the chinese seem to be raising at least the bellicosity of their position. is there a clear path that we should be following here to avoid conflict? at the sam time, maintain and defend our allies in the region? >> absolutely. the fact of the matter is that we know what this is. this is the power play to influence in the pacific by the chinese. they are going to find things like shipping rates and fishing rights and who owns the island, these
FOX Business
Dec 5, 2013 7:00pm EST
guest tonight is pressing the obama administration to reassess their guidance that u.s. civilian air carriers comply with china as illegitimate imposition of an air defense identification zone over the east china sea. he says the white house has legitimized the beijing attempt to subvert international aerospace while at the same time attempting, seemingly, to condemn such a move. joining us is congressman randy forbes, a member of the house judiciary and arms services committee. good to have you with us. let me turn, first, to whatever the achievement as a result of vice president biden isomacy. has there been any progress you are aware of? >> we spend a lot of time talking to our allies out there. we have several ambassadors. one of the things that we here below the radar so many times is that this administration has just not been very good at making clear their foreign policy actually is. this is a perfect example where they have conflicting reports that confuse, oftentimes, our allies. when you come to foreign policy the most important thing you can do is have complete clarity
FOX Business
Dec 9, 2013 7:00pm EST
coverage because the obama administration has not sufficiently promoted it. my next guest says he couldn't write a greater piece of fiction in the obamacare narrative. we are joined now by best-selling author in his latest book. i was going to make a remark about a number of things. i will constrain myself. ezekiel emanuel, saying if you really want to keep your doctor, the obama deal is just to pay up. >> so what is he telling us? in obamacare works if you're rich. so if you're rich, you get to have choices and we heard that certain high and technologically advanced hospitals are being dropped off of all these insurance plans. and again, don't get access to the doctor you wanted the best health care system you can possibly have unless you are rich and that is the bottom line, which is a stunner coming from the high progressives to. >> the idea, that these hospitals would be excluded. i mean, this is something where we find out that it's so huge. and the premiums are lower than some had anticipated, which means i don't quite understand how high they expect them to be. and this is a very di
FOX Business
Dec 9, 2013 10:00pm EST
times" best-selling author brad board on the obama administration's ever worsening crisis of credibility. credibility. please stay every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest mo in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. it's not the "limit the cash i earnvery month" card. it's not the "i only earn decent rewards at the gas station" card. it's the no-games, no-signing up, everyday-rewarding, kung-fu-fighting, silver-lightning-in-a-bottle, brinng-home-the-bacon cash back card. this is the quicksilver card from capital one. unlimited 1.5% cash back on eve purchase, everywhere, every single day. so ask yourself, what's in your wallet? ♪ ♪ lou: eight of the countries largest technology companies today calling abound in turn upon president obama to implement sweepi
FOX Business
Dec 8, 2013 8:00am EST
♪ with affordable health care >> catchy, huh? that's the winner of the administration's obama care video contest. forget about the price tag. well, try telling that to a majority of young folks who think they're going to be socked with a hefty price tag because of the law. maybe that's why only 22% of uninsured mill len yells plan to sign up for it. gary b., you say that all means we're facing a bigger price tag. >> brenda, absolutely, look the whole foundation of obama care is to get the young healthy people to pay higher premiums. in fact, subsidize the program for the older ones who really need the obama care. i mean, really need the medical attention. so, for example, you're going to see an average 21-year-old see their premium increase about 81%. in fact, almost across the board, even with the subsidies that the government's throwing out, they're going to see catastrophic increases in what they're going to pay. so what are they going to do? they're going to say, look, i'm not going to pay that money. i'm healthy. i'm 21 years old. i'll pay the fine. which, by the way, i don't
FOX Business
Dec 4, 2013 9:00pm EST
is another case of obama administration pushing their own agenda, their own legislation as opposed to looking out for the very people they are supposed to stand for, the patient at risk, we have to make shire tha sure s work, and at public buildings and schools to resuscitate the patients, if you have a recalled defibrillate or try to use it until someone brings you a replacement, it is better than nothing. gerri: we could do better than at, that would you like to see, what should happen? >> i would like to see aeds in every public space, every school, government building, to see oversight of the aeds, get approval like you do for certain pharmaceutical, and other medical devices such as pacemakers and inplaable defibrillators, then routine inspections but we need to spend money on keeping americans safe rather than on obamacare legislation that does not work. gerri: doctor kevin campbell thank you. >> thank you. gerri: tell yeah. how frustratingwe, we have more to come this hour, most important step in take before putting your house on the market, advice for, that and the fda is g
FOX Business
Dec 8, 2013 5:00am EST
theme. >> i think that the obama administration is really worried about this at this point, the fact that you will see 45 million individuals are going to have canceled policies by the end of the year and they have to be signed up by january the first. not enough people are signing up to get this process moving. so not only do they have a pr problem, but they can't even they have the ad campaigns are trying to bring in people to sign up quite frankly, you have small-business owners are very concerned, scared to death because of the mere fact that they are going to have fewer hours for a lot of the employees and it's going to impact, you know, the businesses overall. >> you could win a million dollars, but be odds are stacked against you because you're going against the house. thank you both very much and have a wonderful weekend. >> thank you so much. neil: there is another problem with the health care lot. you're not official signed up until you have paid up. very few have paid anything at all. the website is not too clear about that. so come january, the last time i checked this wa
FOX Business
Dec 2, 2013 6:00pm EST
otherwise. i am lou dobbs. ♪ ♪ lou: good evening, everyone. the obama administration official in charge of fixing the obamacare site. he said there is a night and day difference between the health care.gov website that launched on october 1 in the one working
FOX Business
Dec 9, 2013 8:00pm EST
kaiser family foundation. still, the obama administration argues that the high upfront costs do not factor in the tax subsidies for individuals making less than around $29,000 in a family of three making less than $49,000. the trouble is status only 30% qualify for subsidies and not a lot of them and this is the latest surprise in this not exactly unscripted health care law. millions of americans have already discovered that they can't keep their doctor, they can keep the hospital either. and millions more that say they can't keep their health care plan. my next guest says the problems will keep coming as more americans want to help your website into a little bit of discovery and what they want they can have and they have to have. and it might come in the form of this and dick cheney is talking about the medical device tax. which a 2.3% surcharge on devices from the baby lay readers to pacemakers. and it could be a real killer for those who find themselves unable to pay for it mr. vice president, it's good to have you. >> thank you for being here if you are >> there are a lot of thi
FOX Business
Dec 6, 2013 11:00am EST
documents uncovered by congressional panel show the obama administration knew about the need to delay the healthiest changes as early as august despite waiting until the day before thanksgiving to do so. rich edson with more on this breaking story. rich: this is another example of the administration to the online exchanges needed more time while officials kept promising the system would be up and running by october 1. the time the creation of the shop exchange where small businesses can buy insurance for their workers. in august and official presenters of medicare and medicaid services wrote i have been unable to get cgi to commit to having employee application ready for day one. the federal contractors propose pushing back the date writing per our conversation we came up with a planned rollout schedule for november 15 employee portal goes live. six weeks later than first promise. debbie chief information officer replied can we sign this with blood? the contract replied whose? the exchange will now be ready next november. the subcommittee chairman says as president obama embarks on his la
FOX Business
Dec 3, 2013 9:00pm EST
establish these. gerri: there's another lawsuit suing the obama administration, student employees in the coverage of birth control at the university of notre dame. we make of this? >> i think that's another major case. also to the hobby lobby case it is part of the supreme court. and i think that my prediction is that the justice department loses on this and the supreme court is going to look at is in a close vote and they are going to say that there is no justification for justification to the supreme court that companies have a first amendment right of political expression and what they have religious expression. i think that's going to be a problem for the justice department. gerri: right on obamacare, birth control is free. it's not just something you have to provide. it is also free. t's talk about businesses. the supreme court will hear the first amendment religious liberties law. you mention hobby lobby. will that go somewhere? >> i think that hobby lobby is going to win that case. because not only on the basis of the fact that the door is already broken open on the first amen
FOX Business
Dec 2, 2013 9:20am EST
to one and all, got it? call it the weekend miracle, the obama administration saying that the exchange website is up and running, it's fixed all systems go. oh, not so fast, this is the political spin machine firing on all sip -- cylinders, we'll bring that to you after the break. ♪ grandma got run over by a reindeer walking home from our house christmas eve♪ ♪ you can say there's no such thing as santa, but as for me and grandma, we believe♪ hi honey, did you get e toaster cozy? yep. got all the cozies. [ andma ] with n fedex one rate, could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt na? [ male announcer ] fedex one rate. imple, flat rate shipping with the reliability of fedex. [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-be you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease the 2014350 for $579 a month at your local mercedes-b
FOX Business
Dec 6, 2013 9:00pm EST
obama and administration and what she did? werke aig is great news. he had a bad couple of wes with the launch but it shows the policy put in place years ago are paid dividends. where people are participating and it is good all-around heading into the holiday ason where people have confidence and spent more buddy it shows we have to stay the course talking to about jobless benefits that helps to fuel the growth for people to participate and this creates more jobs. congress has to make sure it is a fragile recery they cannotave that same sort of brings michel to threaten to appear the debt ceiling and ready to get up a deal when we a supposed to. >> in the '80s and '0s we did not have just a tax increase of cuts but that have been dip this year that could have called is like having 400,000 jobs crted because we're not in stimulus motive to do more. it wasood news. >> so if we have a government is shut down assembly will have a quarter reported taken off for gdp what a powerful economic engine and then we have third quarter gdp growth of 3.6% iested a couple years it a good jobs ever. i t
FOX Business
Dec 10, 2013 11:00am EST
the obama administration adding a new counselor to its payroll, joining the white house team during what is being called the tumultuous second term thanks in large part to the disastrous rollout of obamacare, a well respected democrat formerly served as bill clinton's chief of staff and those are your headlines. connell: we will make some money with charles payne as he does each day. the updates a recent recommendation he made, recent recommendation, we talked about limber liquidators, back a day later to talk about it. charles: not making money today. if you caught me after the close we were, the company came out after the close at a conference. didn't realize they would do this but updated guidance for this year and next year. the stock is bloated to the upside, 7%, 8%, $110. it starts to pull back a little bit. the only thing that i saw that was some what may be disturbing was the fourth quarter they are looking at high end $0.72 a street, $0.73 but revenues right now significantly higher than where the street is, gross margins impressive, same-store sales better than expected, 1
FOX Business
Dec 5, 2013 9:20am EST
for years under the obama administration nothing happened. judge napolitano: illegal for the present to bomb libya and kill gaddafi. stuart: would be illegal? would you declare war? judge napolitano: everything -- stuart: formal declaration of war. judge napolitano: killing? yes. spying? no. you need a search warrant. you needed declaration of war. the nsa doesn't kill but the nsa spies. lawful search warrants, it gets general warrant, the general warrant like british soldiers had, the bearer may go where he wishes for whatever you wants but the fourth amendment requires everyone specifically describe a person to be seen as a place to be searched. general warrants are unconstitutional. even for as you call them -- stuart: when you agree that there is debate on the issue? if a general search warrant is unconstitutional or not? it is not cut and dried. you are not automatically right because you say. judge napolitano: not i who was saying that but the constitution saying it. stuart: your interpretation of the constitution. judge napolitano: the meaning of the words of the fourth amendm
FOX Business
Dec 2, 2013 4:00pm EST
guests is testing these things right now. the obama administration trumpeting its success in fixing at least most of the problems on healthcare.gov's website but how much work still needs to be done to fix every problem on the site? and also, not just about drones at amazon as we mentioned. online retailing giant is also throwing down the gauntlet in the tablet wars. we'll tell you how it is targeting rivals like apple with the ipad mini. oh, yeah, two of the minis, what are those kindles? they arrived at my house, courtesy of my sister danielle. they're adorable and kids are obsessed already. david: they're selling them underpriced. what is not to like? liz: here come the rivals. edward snowden. ♪ david: time for a quick speed read in fact of the day's other headlines. five stories in main. hit technology worldwide said the initial public offering could raise a bill dollars. could be second biggest ipo in the year. the company didn't say when it plans to launch the ipo. >>> amazon cutting price of two kindle fire tablets for cyber monday. kindle fire hd 16 gigabyte for $119. kind
FOX Business
Dec 8, 2013 11:00pm EST
administration still won't tell us how many people have successfully enrolled and purchased obama care insurance. we will have considerably more comment on those circumstances here tonight. i'm lou dobbs. >>> good evening everybody. the president today defiantly declared that baem care is here to stay regardless of its failures during a sometimes rambling, at times contradictory speech that included shots at republicans for opposing obama care. >> we've learned no to make wild promises about how perfectly smooth it's going to be at all times. do not let the initial problems with the website discourage you. we're going to keep on working to fix whatever problems come up. whatever comes up, we're going to fix them. we're not repealing it long as i'm president. >> those statements come after announcing just yesterday and again today that the administration had met their own self-imposed deadline of november 30th to have the website problems fixed. fox news chief white house correspondent ed henry is at the white house tonight with our report. >> the bottom line is this law is working and
FOX Business
Dec 6, 2013 9:20am EST
administration came in, when obama talked in 2008 about fundamental transformation of the nation, they went after the major pillars of u.s. capitalism. they went after the health care sector, the financial sector, and they went after the energy sector. they really like this shows they don't care about the eagles, they only care about remaking the energy sector. we have seen so many green energy boondoggles that have cost the taxpayers billions of dollars, now we are going to see the lives of eagles caught up in the fundamental transition. stuart: if they were to say he cannot kill golden eagles, you have to shut windfarms down. so, the point is these sacrificed. charles: didn't we hear the argument a porcupine caribou, re-conception of certain salamanders. the polar bear, the woodpecker, they use all these things even with keystone people talk about certain species that were endangered. according to the wildlife society lecture 888 were killed. 573 birds were killed. this is mass killing of species of animals that supposedly to your point the obama crowd loved these animals. stua
FOX Business
Dec 2, 2013 1:00pm EST
the obama administration touts dramatic progress. is the latest fix too little too late? lessons this hour. adam: and it is the ultimate symbol of success in the auto industry. we will introduce you to the man who created it. his prestigious award hair and the future he goes by dave. lori: a busy hour ahead. let's get things started. kicking off a newmont. 2%. some fall since december. this december we're off to a bit of a slower start. >> seeing the market not too far off the unchanged line. a lot of the traders still think that the trend remains to the upside. all three of the major averages have up arrows. around 1812, 1814. we were watching for that as well as in the meantime, higher at the moment, watching this treasury balance. that is a big deal. manufacturing data came a better than expected. the fed is going to us stop the bond buying and people selling of bonds quickly. new highs for great companies. goldman, 90, american express to microsoft ball hitting new highs . jo ling kent over there. 17158 is the height. 8653. and then i can't leave out nike. so those are the hi
FOX Business
Dec 9, 2013 9:20am EST
. again, think about the idea that the obama administration made almost 42 billion dollars in profits off of student loans after hinting that they would somehow come to the rescue, maybe forgive student loans, maybe them lower, make them cheaper, but they make 42 billion dollars off that. and also consider that the people that we're talking about, this young age bracket are also the poorest americans. i guess it goes back to years ago when we were so afraid of granny eating dog food, but we always think of older americans being dirt poor when in fact they're the wealthiest of americans and younger people trying to make it into the system are the poorest. why are we trying to put obamacare on their shoulders in are we nuts? >> that's exactly what we're doing because if you can't get young healthy people into these insurance pools, you've got to raise the price of those pools to a prohibitive level and obamacare falls flat. charles: absolutely. stuart: i don't think they realize yet. charles: the public relations aspect of it they take that in. as they get jobs and start to raise their
FOX Business
Dec 4, 2013 9:20am EST
: do you talk to your friends and liberal kids, the obama administration pocketed $41 billion in interest of these loans as they said we are going to get rid of them, vote for me, you can't have it both ways, making tons of money. >> they continue to vote for these policies. never have we seen again degeneration so immediately affected by the policies they voted for themselves twice. you saw young people vote for obama and now they're being negatively affected by the same policies almost immediately. stuart: isn't it obvious kids in college saddled with massive debt and don't have a good job probably when they walk out university boards. are they not beginning to see politics in a different light? >> that would be the common sense way of looking at it but on college campuses we see politicians frame it in ways of social issues. that is the way it was in the election cycle but these young people in 2012, look at obamacare. we see policies so quickly turned against the generation that voted for them in 2012 and you would think i voted in 2004 obama. and the turnaround in 2012 and l
FOX Business
Dec 10, 2013 1:00pm EST
agreement despite concerns from several lawmakers that it is far too weak. the obama administration is adding a new advisor to its payroll. joining the white house team during what has been a tumultuous second term. that is thanks in large part to the disastrous rollout of obamacare. a well-respected democrat served as president clinton chief of staff. those are your headlines, now back to lori and adam. adam: thank you very much. the cftc approved the volcker rule. we are now waiting for the occ vote. and it will become law. expected to sign off later today. another news alert for you, the snow is making his way up the east coast slowing down action in washington, d.c., while the federal government is closed. janice d and track in a storm the weather center. >> not a huge storm, but it caused delays. a lot of kids have the dela day. parts of new jersey over 4 inches, 3 inches in delaware. it is not a blockbuster storm, but it did cause delays at the airport. still in delays as well as jfk and philadelphia over an hour delay. call ahead and pack your patience, as they say. light snow b
FOX Business
Dec 8, 2013 9:30am EST
long as you submit to obama care which is government force brought to health care. >> wayne, last thought. >> to answer the point, we have now an administrative gornment. it's not a government of checks and balances or somebody who represents the people. they represent politicians. it's all arranged by regulators and add minute straighters. the congress makes up the law as they go along and change it when it doesn't fit. >> unfortunately, we got to go, we ran out of time once again. we're going to get more time one of these days. coming up, why try to earn money when you can beg for it. the lesson a 6th grader got that will make your head spin. >> what is it about? it's about people that are being able to but i can't raise money, work hard, have a good work ethic, but they can beg. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billi
FOX Business
Dec 3, 2013 11:00am EST
: president obama tried as if he refuted clearing the health care law more than just a website. still the website and problems sending payment information to insurance companies continue to hamper the administration efforts to get americans enrolled in health insurance. with that white house focused on the benefits, eliminating pre-existing conditions on insurance policies and actually an dollars in benefits to limit the cost of insurance. highlighting it daily for the next couple of weeks. republicans continue their assault on the law. >> it is not just a broken website, this deal is fundamentally flawed. causing people to lose the doctor of their choice, causing them to lose their health plan and if that isn't enough, they are having to pay much higher prices at the same time. >> while absent last six weeks of signing blame and rooting for failure, the house democrats working with the administration have rolled up our sleeves and gone to work and we are fixing the problems with the affordable care act. >> we will hear from president obama this afternoon on obamacare. back to you. connel
FOX Business
Dec 2, 2013 7:00pm EST
more is still ahead and we will take a look at the global hotspots ignored by the obama administration and the national media. revolution breaking out entirely. but what does the doctor and say? what does mr. obama say? and the president trying to keep congress from passing new sanctions against iran. we will be joined by ralph peters in k.t. mcfarland with the analysis. we will await results from cybermonday. jen rogers joins us to tell us what it means for the to be american economy and the global economy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on with obamacare. as a business owner, i'm constaly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i t 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me th unlimited rewards! meetings start at 11, cindy. [ male announcer get the spar
FOX Business
Dec 5, 2013 12:00am EST
. we've heard tat the, you know the obama administration basically declared victory on the website yesterday. they say it's now working. well they fixed the front end of the website where consumers go and sign in and can do a little shopping. there's a back end of the website as well in which it communicates with other feder agencies like the irs. it determines whether someone is eligible for a subsidy and if so, how big it is and then it tells the insurance company. that part isn't working. regardless of what you heard about the other parts of the website, that part isn't working. >> not working or not built? i'm reading it is not finished. >> it is not built yet. not as if it has a bunch bugs. ttey haven't finished it. we're days, a few weeks from this needing to work. what happened is, the insurance companies said wait a minute, if the website can't calculate subsidies. government can't give us money, are we supposed insure people for nothing? what happened is, the obama administration said well look, if you estimate what you will pay ou in subsidies just tell us, we'll pay you
FOX Business
Dec 1, 2013 8:00pm EST
the obama administration. am lou dobbs. hello, everyone. severely undercutting president obama's credibility an approval rating. a new fox poll shows half of voters believe president obama knowingly lied when he repeatedly told americans that they could keep their plan under his signature health care law. as for the number of americans who have signed on for health care insurance, the initial numbers are woefully short and far below their lowered expectations. 106,000 have eolled in health care plans in the state and federal exchanges through the first month obamacare. one fifth of what the officials had projected before the launch of health care dog of and the opening of exchanges accnted for only 27,000 of successful in moments, 80,000 of them originated in state-run insurance exchanges and secretary kathleen sibelius revealed below numbers and then open herself and the administration up to ridicule consistent with what maschuses, a state of only 6.5 million residents, experienced an initial rollout of romney care. not revealing the number of people that paid for the plan and s
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